Investors’ thirsts to be quenched by whisky and bourbon ETF

Investors’ thirsts to be quenched by whisky and bourbon ETF

Investors’ thirsts to be quenched by whisky and bourbon ETF It may be used to make an old fashioned, but whisky is leading a brand-new approach to ETF investing. Spirits fans can now track the performance of the whisky and bourbon industry via a new ETF released by ETF Managers Group, pending approval by the Securities and Exchange Commission.

A filing with the SEC reveals the ETF will track an index of companies across a wide variety of associated industries that contribute to the “whisky and bourbon economy” such as crop producers, the aging process, and other whiskey by-products.

Specific firm names have not yet been made public, though all must have a minimum market cap of $250 million, according to the filing. Associated fund fees have not yet been disclosed.

While the artisanal spirits industry is booming, the filing highlights the associated risks for the ETF including changing market prices, government support, agricultural conditions, as well as harvest season.
1 Comments
  • Euan Shand 2016-06-09 4:55:30 PM
    Delighted to know more!
    Post a reply